1239 Parkway # 2, Austin TX 78703

Based on 4 closed sales in 78703, the data points to a value around $1,583,673 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,325,000 to $1,335,000. This would position the home competitively among 7 active listings in 78703. This home's larger footprint (463 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in 78703; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 3210 Enfield RD, Austin TX 78703 at an adjusted $1,559,104, is a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus